SGH 0.00% 54.5¢ slater & gordon limited

$8 target, page-81

  1. 4,679 Posts.
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    Another controversial opinion while I'm on a roll.

    I find it nauseating when shareholders say it is my company, I own the company.

    Technically that is correct but it is utter tosh.

    If I and three mates club together and by a local hardware shop we then own that company. Most shareholders just buy a gambling chip.

    The difference between a shareholder and my mates and I buying a hardware shop is active involvement in company strategy and recruiting.

    It just irritates me when I read upset shareholders talk of it is my company. The same are likely to sell it on a whim. Shareholders don't own a company they have an interest in hoping other people buy shares to push up their holding.
 
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Currently unlisted public company.

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